You will essentially be buying a pad site so you would have to build new.Also realize what you will pay to insure that in the future as part of your costs

Investors can move quickly on development and take advantage of the city's ongoing growth.Long-Term GrowthFlorence’s expanding economy and housing demand ensure long-term appreciation, making it a stable choice for both immediate gains and future value.If you're looking to invest in land or new construction, Florence, Alabama, presents a unique opportunity with affordable entry points and strong growth prospects.

I told him to cancel as of the 7th but apparently they can't cancel back only day of or future.  

Are there trends or developments that could impact future growth?

One of the main challenges is that I can only afford to put 5% down, which would leave me tied to this property’s expenses for the foreseeable future, making it harder to pursue other investments.All of this said, I’m really struggling to stay positive about investing right now.

But don't feel locked into formal education if your main goal is to get into investing, often the best lessons come from doing it.Feel free to reach out if you need any advice on financing your house hack or future investments.

Using more of your own money decreases your liquidity, making it harder to qualify for a future loan. 

The future is bright for you. 

Just asking to clarify how the future value (for the cash out refinance) will be valued.

Maybe in the future I would just suggest having the documents digital and on a computer somewhere.